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Impressive Corner Residence at The Excelsior
This expansive corner home offers the space and scale of a true luxury residence. Spanning approximately 2, 000 square feet, Apartment 6AB features 2 bedrooms, 2. 5 bathrooms, and a flexible floorplan that can easily be reimagined as a three-bedroom. With multiple exposures through oversized picture windows, the nearly 40-foot great room is filled with natural light and opens onto a private balcony overlooking 57th Street. The open kitchen with breakfast bar is outfitted with custom cabinetry, granite countertops, and quality finishes, blending functionality with timeless design. The winged layout provides complete privacy between bedrooms. The primary suite includes six closets, an en-suite bath, and a versatile dressing room or home office. The second bedroom also features generous closet space and its own renovated en-suite bathroom. Additional highlights include a formal foyer, in-unit washer/dryer, and refined details throughout.
The Excelsior
Designed by Phillip Birnbaum and completed in 1967, The Excelsior rises 48 stories and is renowned for its white-glove service, oversized layouts, and sweeping city views. Amenities include a 24-hour doorman, concierge, health club (Complete Body Fitness), swimming pool, roof deck, on-site garage with valet, laundry, and a port cochere driveway for convenient arrivals and departures. Pets and subletting are permitted.
A Smart Investment Opportunity
As a land-lease co-op, The Excelsior offers exceptional value. Purchase prices are significantly lower compared to most co-ops or condos, while monthly costs are only slightly higher. This structure allows owners to preserve capital, which can be reinvested into opportunities that generate returns. The corporation has the unilateral right to extend the ground lease through 2064, making this an intelligent long-term choice.
Unmatched Location & ConvenienceLocated on East 57th Street, at the heart of Billionaire's Row, The Excelsior offers a unique address surrounded by world-class shopping, luxury retailers, and some of Manhattan's most celebrated restaurants. For those who frequent the Hamptons, the building's garage provides direct access to the Queensboro Bridge, making weekend getaways effortless. Combined with its central location with major transportation, this residence blends prestige, practicality, and lifestyle.
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $576,000 | $576,000 | $576,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.628% | 5.933% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,500 | $3,637 | $4,783 |
| Total Monthly Payment | $3,592 | $3,729 | $4,875 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.